European Tax Commissioner Pierre Moscovici said he was convinced Britain would not crash out of the EU on April 12 without a divorce deal, though Prime Minister Theresa May must first persuade leaders a delay would be useful.

“The British parliament doesn’t want no-deal. We don’t want it, it’s the worst outcome for the economy, Moscovici told Franceinfo radio in an interview. “Of course, we’re ready for it if it happens.”